REVENUE MEMORANDUM ORDER NO. 7-2017 issued on March 16, 2017 allocates the CY 2017 BIR collection goal by implementing office. The overall CY 2017 collection target of the Bureau of Internal Revenue is P 1.829 Trillion, of which P 1.781 Trillion is for BIR Operations and P 48.140 Billion is for Non-BIR Operations. The data used in the allocation of goal to the implementing offices are the following: a. The total actual collections for the period January – December, 2016, based on data from the Consolidated Monthly Statistical Report of Revenue Collections (BIR Form No.1209) as updated and validated by the concerned implementing offices with the Research and Statistics Division (RSD) as of February 3, 2017. b. Data considered as refinements for CY 2016 Collections: i. Special Taxes comprising the Taxes on Government Securities and Excise Taxes for CY 2016, per BIR Form No. 1209 reports updated as of February 3, 2017. ii. Non-recurring transactions from January – December, 2016 where each single transaction accounts for at least ten percent (10%) of a particular region’s/Large Taxpayers Service (LTS) total collections for a specific month, based on figures provided in BIR Form No. 1209 Reports updated as of February 3, 2017. iii. Other Special Taxes:  CY 2016 Regular Corporate Income Tax Collections from MALAMPAYA, submitted by the LTS as of January 27, 2017; and  CY 2016 Bangko Sentral ng Pilipinas remittance of Final Withholding Tax on interest due from domestic borrowings under Reverse Repurchase Agreements, as well as other similar transactions, submitted by LTS as of January 30, 2017. c. Other Data Considered: i. Economic assumptions/indicators provided in the FY 2017 BESF; ii. Total CY 2017 target collections for the Final Withholding Tax and Documentary Stamp Tax on Government Securities provided by the Department of Finance dated January 27, 2017 and February 13, 2017, respectively. The monthly allocation was based on the monthly program provided by the Bureau of the Treasury on December 19, 2017; iii. January – December, 2016 collections from transferred-in/out taxpayers:  Enlisted to the LTS effective February 1, 2017 and April 1, 2017 as approved by the Commissioner on January 17, 2017. The figures were extracted by the RSD from the Integrated Tax System-Collection and Bank Reconciliation (ITS-CBR) as of January 30, 2017; and  Transferred from one Revenue District Office to another, list of transferred taxpayers submitted as of January 30, 2017. The figures were extracted by the RSD from the ITS-CBR as of January 31, 2017. iv. Adjusted monthly collections in 2016 due to change in the payment deadlines from 2016 versus 2017 of the Quarterly Corporate Income Tax (BIR Form 1702Q), to align the monthly collection trend of 2016 with the expected 2017 monthly collection trend. The Goal Allocation Methodology is specified in the Order.